Egypt is studying further expansions of the Suez Canal
NewsThese considerations arise amidst a significant decline in revenue, attributed to shipping companies bypassing the Canal due to attacks by Houthi militants.
In a bid to hold onto its Asia/East Coast North America container business, some of which was transferred by carriers from the Panama Canal over the past two/three years, the Suez Canal Authority (SCA) has cut its tariffs and introduced a number of incentives.
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